Dec 12, 2012 3:00am PST
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Dec 12, 2012 12:00am EST
had superstorm sandy that caused a disruption here in the northeast. for a while that propped up prices. that's gone. i worry if prices are declining is it because the economy is slowing? >> no, not necessarily. that certainly could be a factor. think back to 2008 when gas prices actually did crash and went under $2 a gallon. that would be a concerning sign if gas prices fell off a cliff like we're doing here with the economy if nothing is figured out. this is not a gas price crash. this is something normal this time of year. gas prices haven't declined so sigficacantly. we're still talking about prices well into the $3 a gallon range across much of country. in fact still we could be looking new all-time record high for christmas for the nationnl average. melissa: really? >> something off everybody's radar. we're talking about gas prices going down but we still have room to fall. today prices are still four cents higher than last year. we could talk about a national average that has never been higher on christmas. melissa: what do you expect to see between now and chris mass day?
Dec 12, 2012 8:00am PST
. jenna: joining me now, congressman sandy levin, democrat from michigan. also the ranking member of the house ways and means committee. nice to have you in studio with us. >> nice to be with you. jenna: what a pleasure. you said if the governor made this decision which he has made, this would plunge michigan into endless controversy and strife. why do you think that? >> because it divides workers among themselves and really divides workers from management. if you ask the big three, do they want the right to work so-called, their answer would be no because we have evolved in michigan some amicable labor-management relations and workers have a voice. it has to be done by a majority. and they now have a voice in the workplace and management, the big three and others think, it is good for workers to have a serves. jenna: my understanding in 1965 when you were working in state government you were part of developing one of the first major laws that talk about employment and labor relations in this country. so it must be interesting for you to look back on that and see where the state i